Currently,you Own 7 Percent of the Outstanding Stock of Metals

question 49

Multiple Choice

Currently,you own 7 percent of the outstanding stock of Metals Unlimited.The firm has decided to issue additional shares of stock and has given you the first option to purchase 7 percent of those additional shares.Which one of the following will you be participating in if you opt to purchase the shares you have been offered?

• A)Red herring offer
• B)Rights offer
• C)Private placement
• D)IPO
• E)General cash offer

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